Red Light Valuation Red LightI gleaned through the financials and this is what I found:
So this is a shell company that owed a net - $2 million.
197 + 30 million pp shares out = 227 s/o
PP cash generated net $4.5 mm
Now net +$3 mm total net assets
NAV: 01c/sh.
start up Enterprise value: $29.5 mm
Rating: Sell